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Interesting, Apple pays $180k over 4 years to prevent good engineers from going to Meta. Meanwhile, Meta gives >$1M in discretionary equity to top performers t
by mgraczyk 5y ago
Interesting, Apple pays $180k over 4 years to prevent good engineers from going to Meta.
Meanwhile, Meta gives >$1M in discretionary equity to top performers to prevent them from leaving. I don't think Apple picked a big enough number here.
- lolsal 5y agoMeta has a moral/ethical cost as well as a branding tax.
- stathibus 5y agoI don't have an insider perspective on this, but from where I'm sitting, it sure looks like the giant bag of money is sufficient and Meta/Facebook hasn't had to worry about any of those things for a long time.
- greiskul 5y agoThe giant bag of money is the tax. If they weren't having problems with retention and hiring because of the ethical dilemma, they wouldn't have to offer such a large retention bonus.
- hugi 5y ago
- fermentation 5y agoI think context matters a lot with these recent articles about eng salaries. Hiring any mid-level and up engineer is tough right now, and Amazon recently bumped their salary bands by quite a bit. I think other companies are now catching up.
- sugarpile 5y ago"The giant bag of money" has been a thing for a long time -- it predates whatever branding issues people perceive them having lately.
- treyfitty 5y agoI’m willing to bet the general populace will find ways to justify working for Meta. The compensation is a lot to say no to
- gjs278 5y ago
- np_tedious 5y agoYep. $180k would be a pretty small Additional/Discretionary equity grant at Meta
- capableweb 5y ago> Apple pays $180k over 4 years to prevent good engineers from going to Meta Much better wording than what the article says, which is "likely meant to keep companies like Facebook parent company Meta from poaching employees". Poaching, as far as I know, is illegal trafficking of animals. Why are media companies insisting we see the human workforce as animals, and that we should view companies offering better pay/work as "stealing" employees when in reality, it's just people switching jobs, something that is normal?
- swarnie 5y ago
- mgraczyk 5y agoThis is a mean spirited comment that doesn't belong on HN. Not going to argue but I don't feel that comments like these add anything of value to the discussion.
- swarnie 5y agoHow much is Zuck paying you to post this? How many lives was it worth? People on this forum NEED to look at what they contribute to the world, i imagine some of them wont want to.
- dang 5y agoAttacking another user like that is against the rules here. If you'd please review https://news.ycombinator.com/newsguidelines.html https://news.ycombinator.com/newsguidelines.html and stick to them in the future, we'd appreciate it. Also, could you please stop posting flamewar/flamebait comments generally? We're hoping for a different sort of forum.
- sofixa 5y agoI disagree. Meta is a big tech company which is up there with Rio Tinto in "purely evil how the heck do they still exist" land. Tech people should be able to discuss how terrible they are. And one of the only possible ways to influence them from the outside is to shame those selling their morals for money.
- blacksmith_tb 5y agoThat doesn't seem too hyperbolic to me, though to be fair to Rio Tinto they don't just poison rivers and blow up cultural heritage, they actually produce needed materials in the process. I'd say working for adtech is closer to a job with a defense contractor making landmines, maybe not quite so gruesome, sure, but so negative that the positives are awfully hard to see...
- objclxt 5y ago> Meta gives >$1M in discretionary equity to top performers to prevent them from leaving Most of the engineers receiving these bonuses would never get discretionary equity at Meta. Discretionary equity is given to < 1% of engineering every year. Of course, Meta also has very generous regular RSU and bonus schemes.